Hera SICAV has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I wanted to transfer my portfolio from another broker to Hera SICAV. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Professional team|Personal attention|Clear documentation
Cons: Limited social trading features
My withdrawal from Hera SICAV was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: Instant funding|Fast support response|Full transparency|No hidden fees
Cons: Limited social trading features|Desktop app not available on Linux
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Hera SICAV recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Real-time alerts|Fast deposits|Good analytical tools|Comprehensive tools
Cons: Onboarding videos are outdated|Limited demo account features
I was about to invest with Hera SICAV but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commission de Surveillance du Secteur Financier has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Hera SICAV said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multiple order types|Reliable uptime|Helpful community forum
Cons: Could offer more webinars|Minimum deposit could be lower
I invested $500 with Hera SICAV after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Commission de Surveillance du Secteur Financier.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
Hera SICAV had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Social trading features|Professional team|Clear documentation
Cons: Account statements could be more detailed|Charting tools need more indicators
Do not be fooled by the professional-looking website. Behind the scenes, Hera SICAV is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multiple order types|Market news feed
Cons: Some tools only available on higher tiers|Help articles are sometimes vague
The platform itself is okay, but the customer service at Hera SICAV is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Real-time alerts|Regular updates|Excellent charting|Clean UI
Cons: Website design could be more modern
The onboarding at Hera SICAV was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Social trading features|Fast execution
Cons: Help articles are sometimes vague|Withdrawal takes 1-2 business days